Thursday, 23 January, 2020


Swamy's bombshell in court creates fresh trouble for Gandhi family

BJP leader Subramanian Swamy said that he found the documents related to the I-T department’s order lying along with newspapers at his doorstep recently Swamy's bombshell in court creates fresh trouble for Gandhi family
Bennie Garza | 22 January, 2018, 06:07

A Delhi court will on Saturday resume the hearing in the National Herald case, involving former Congress chief Sonia Gandhi, her son and party president Rahul Gandhi and others.

In November a year ago, Congress president Rahul Gandhi and his mother Sonia had filed their response to the application filed by Swamy. Swamy had announced this on Twitter day earlier. This development was later confirmed by his close aide, Ishkaran Bhandari, who even went to the extent of calling it a "nuclear bomb" but did not divulge into any further details.

"The Income Tax Department took notice of the facts and initiated the investigations, ' Mr Swamy said".

The IT assessment order allegedly dated December 27 served to Young Indian cancels the tax exemption certificate issued to Young Indian and has asked the company to pay tax on income gain of Rs 414 crore.

Rahul Gandhi and Sonia Gandhi were the main stakeholders in the Young Indian Private Limited. According to the Swamy, the Gandhis had provided an interest-free loan of Rs 90.25 crore to Associated Journals Limited, publisher of three newspapers, including the National Herald, and transferred the debt to a company called Young India Limited for Rs 50 lakh.

The National Herald case has been a big point of contention between the Congress party and the BJP ever since Subramanian Swamy filed his complaint in 2012.

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